Comcast Reports Record-High Attendance At Theme Parks

By  //  October 28, 2015

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Report Credits Harry Potter's Diagon Alley For Partial Boost

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ORLANDO, FLORIDAComcast’s 2015 third quarter financial report revealed a record-setting year for its theme parks, including Universal Resort in Orlando, home of Universal Studios and Islands of Adventure.

Below is an excerpt from Comcast’s release:

“NBCUniversal also delivered terrific results, including another record-breaking box office quarter driven by Minions and Jurassic World, the highest summer attendance ever at our theme parks…These outstanding results from our unique portfolio of complementary businesses underscore our confidence that we are well positioned to compete, continue our strong performance and drive shareholder value.

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Universal-Studios-180x180For the third quarter of 2015, revenue from the Theme Parks segment increased 14.1% to $896 million compared to $786 million in the third quarter of 2014, reflecting higher guest attendance and per capita spending, driven by the continued success of Orlando’s The Wizarding World of Harry Potter Diagon Alley™, as well as Fast and Furious: Supercharged at the Hollywood park. Third quarter operating cash flow increased 14.1% to $458 million compared to $402 million in the same period last year, reflecting higher revenue, partially offset by an increase in operating costs to support new attractions and $18 million of transaction-related costs associated with the development of a theme park in China.

For the nine months ended September 30, 2015, revenue from the Theme Parks segment increased 22.9% to $2.3 billion compared to $1.9 billion in 2014. Operating cash flow increased 31.8% to $1.1 billion compared to $816 million in the first nine months of 2014.”

 


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